Tuesday, June 26, 2018

Mexico: Government Considers Separate Auction Specifically to Boost Geothermal

Mexico mulls geo boost (reNews)

Government considering price support mechanism for sector

(Courtesy CIA.gov)
Mexico is considering the introduction next year of a dedicated price support mechanism for geothermal energy outside its technology-neutral auctions dominated by wind and solar.

Mexican energy ministry SENER’s European representative Nelson Mojarro said it has a “strong preference” for the development of projects outside the “huge concentration” of renewables in the south-east region of Istmo de Tehuantepec.

“We understand it is more challenging for certain technologies and we are considering whether there needs to be another auction for other technologies specifically to boost geothermal,” he added.

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